ELME Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Elme Communities (ELME.N) Moving Averages Convergence Divergence (MACD) indicator is -3.51, suggesting ELME.N is Strong sell.

Elme Communities (ELME.N) 20-Day simple moving average is 6.443, while Elme Communities (ELME.N) share price is $2.18, making it Sell.

Elme Communities (ELME.N) 60-Day simple moving average is 13.538, while Elme Communities (ELME.N) share price is $2.18, making it Sell.

Technical Analysis for ELME

Technical Sentiment Analysis for Elme Communities (ELME) As of 2026-01-29, Elme Communities (ELME) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELME stands at 6.589, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -3.51, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 3.476 and the Commodity Channel Index (CCI) at -51.928 further confirm a -0.81 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELME is trading below its 60-day moving average of $13.538 and below its 200-day long-term moving average of $15.488. Key price levels to watch include the immediate resistance at $3.238 and strong support at $2.158. A break above $3.238 could signal a bull continuation, while falling below $2.158 may test the next Fibonacci floor at $1.589.

Elme Communities (ELME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.078	1.589	2.158	2.669	3.238	3.749	4.318
Fibonacci	1.589	2.002	2.256	2.669	3.082	3.336	3.749

Elme Communities (ELME) Technical Indicators

2026-01-29

Name	Value
RSI_14	6.589
STOCHk_14_3_3	3.476
STOCHd_14_3_3	1.747
CCI_20	-51.928
AO_5_34	-8.553
MOM_10	-0.81
MACD_12_26_9	-3.51

Elme Communities (ELME) Relative Strength Index (RSI) is 6.589, creating a Buy signal.

Elme Communities (ELME) Stochastic Oscillator is 3.476, creating a Buy signal.

Elme Communities (ELME) Stochastic RSI is 1.747, creating a Buy signal.

Elme Communities (ELME) Commodity Channel Index (CCI) is -51.928, creating a Neutral signal.

Elme Communities (ELME) Awesome Oscillator is -8.553, creating a Sell signal.

Elme Communities (ELME) Momentum is -0.81, creating a Sell signal.

Elme Communities (ELME) MACD is -3.51, creating a Sell signal.

Elme Communities (ELME) Moving Average

2026-01-29

Period	Simple	Signal
MA_5	2.352	Sell
MA_10	2.727	Sell
MA_20	6.443	Sell
MA_60	13.538	Sell
MA_200	15.488	Sell
MA_250	15.686	Sell

Elme Communities (ELME) 5-Day simple moving average is 2.352, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 10-Day simple moving average is 2.727, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 20-Day simple moving average is 6.443, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 60-Day simple moving average is 13.538, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 200-Day simple moving average is 15.488, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 250-Day simple moving average is 15.686, while Elme Communities (ELME) share price is $2.18, making it a Sell.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for ELME?

The overall technical consensus for Elme Communities (ELME) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 3 sell signals.

What are the key support and resistance levels for Elme Communities (ELME) today?

Based on pivot point calculations, Elme Communities (ELME) has an immediate support level at 2.158 and a major resistance level at 3.238. Traders also monitor the pivot point at 2.669 to determine the intraday trend direction.

Is Elme Communities (ELME) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Elme Communities (ELME) is currently 6.589. This indicates that the stock is in oversold territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Elme Communities (ELME)?

Elme Communities (ELME) Moving Averages Convergence Divergence (MACD) indicator is -3.51, suggesting ELME is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Elme Communities.

How is Elme Communities (ELME) performing relative to its 200-day moving average?

Elme Communities (ELME)is currently trading at $2.18, which is below its 200-day simple moving average of 15.488. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.